Aximdaily

Weekly Market Recap: China’s GDP Disappoints While Global Inflation Accelerate

A busy data-driven week with big data releases and another CPI round in the United Kingdom, New Zealand and Canada. China seems to face many economic challenges this year as the energy crunch and debt bubble...

Stop Loss and Take Profit Explained

Stop loss and take profit are two essential trading orders used to control profits and losses in a forex trade. Both orders are designed to decide how much you are willing to risk or make from each trade. This...

Weekly Market Outlook: Inflation Data and Chinese Growth in Focus

This week is packed with key data releases and another CPI round in the United Kingdom, New Zealand and Canada. The annual GDP data for China is also a major release as power shortages, supply bottlenecks in...

Weekly Market Recap: Fed to Start Tapering Pandemic Support

FOMC minutes revealed that the Fed is about to start gradual tapering, possibly in mid-November. Meanwhile, CPI numbers showed that inflationary pressures remain at multi-year highs, raising concerns that...

Forex Trading: Beginner’s Guide to Forex Market

Forex trading is a prominent investment destination as it fits all traders with different experience levels. However, trading in the forex market is still controversial to many due to the promising yet risky...

Forex News and Analysis

Featured Articles

Forex Trading: Beginner’s Guide to Forex Market

Forex trading is a prominent investment destination as it fits all traders with different experience levels. However, trading in the forex market is still controversial to many due to the promising yet risky nature of...

How to Measure your Trading Performance

How do you track and measure your trading performance? What is the best tool to track trade performance? And, how do you evaluate how good or successful you are as a trader? Trading performance, tracking and monitoring...

How to Plan a Long-Term Forex Trading Strategy

Using a long-term forex trading strategy has proved to be a very successful and lucrative trading approach that is widely adopted by professional traders. This strategy focuses on holding trading positions for long-term...

What’s the US Dollar Index and how can you trade it?

The US Dollar Index (DXY) measures the value of the dollar against a basket of six major currencies, based on the exchange rates of these currencies. The index was created as an indicator of the weakness or strength of...

Start Trading